Nov 18, 2012 7:00am EST
tax. we have to do it for the country but just trying to take money and i don't think is right because there's so many companies that are going to give lay-off's and all that stuff and it's not good for the country. >> thanks for the call. >> from our twitter page. sorry but thanks to obama we owe an extra trillion dollars. we have to cut geezer welfare to pay for them. maryland, democrat line. >> thank you. i'm a first time caller actually and thank you and also i listen all the time on c-span radio. i wanted to put in a plug for your app. it's great and listen all the time. >> you heard on xm channel 119. >> great. okay. i wanted to say i think it's - as a democrat and this may be little unusual, i think it's unfortunate that aarp is taking this position. i think it's going to end up divide people more along generational lines. rather than fair partisan lines. realistically looking at the long-term and maybe generationx folks like myself. we have to take a bit of a different perspective on this and i think there is a chance we'll have to raise the age for benefits but also me
Nov 18, 2012 2:00pm EST
, which is another way of saying austerity. president obama got it right when he said that companies are awash with cash. what they are missing is enough customers out there to prompt demand and justify them spending more on plants and equipment. businesses need customers. they do not create jobs. austerity is the opposite of income creating sales. it reduces income. tax increases reduce income. spending cuts reduce income. both, i would argue, are the wrong medicine for the economy today. we have seen the effects of austerity. we do not want to follow, these countries over the cliff and gratuitously -- we do not want to follow these countries over the cliff gratuitously. [applause] thank you. >> i want to talk to brad. take the next. >> i have a couple of things to say. our $2 trillion figure is not a recommendation. it is actually a response to the fact that everyone thinks that $4 trillion is what is needed to achieve -- a debt stabilization gold, stabilizing debt to gdp, to keep that from rising faster than the economy, which ultimately is unsustainable -- how long that is sustai
Nov 18, 2012 6:30pm EST
technology industries of the future and i think that plays an important role. you know the obama vision was one where they thought better suited the country. and there is no question on social issues. whether it is women's health care, immigration, gay rights. there are a set of issues particularly for younger voters so, people vote very, very carefully. the economy was a dominant issue. i think that is why ultimately some people chose the president to continue the journey we are on. now quickly in terms of democracy, you know we don't know this for sure, but we could be seeing very different elections. that of that in 2010, 14, maybe 18 will be quite a bit different. the comments i made two years ago were predicated on what we thought would happen in a presidential year. the latino turnout was surging. president winning more of the latino votes but even winning the cuban votes. you saw young votes exceeding the turnout from four years ago surprising most analysts. you saw african american turnout. you saw the excitement of the first african american president was four years ago.